Nepal imported smartphones worth over Rs 2.86 arab in Shrawan, the first month of FY 2080/81, the latest report from the customs department shows. This could be a commendable start to the new Fiscal Year for the mobile phone industry which saw many ups and downs last year.
As per the report, Nepali traders spent over Rs 2 arab, 86 crores, 84 thousand bringing in 1 lakh 79 thousand, 9 hundred and 97 units of smartphones in Shrawan. Likewise, the government generated Rs 53 crore, 49 lakh, and 46 thousand in revenues from smartphone imports during the same month.
The latest figures must excite the industry compared to how it fared last year for the same period. In Shrawan FY 2079/80, smartphones worth Rs 1 arab, 57 crores, 43 lakhs, and 57 thousand were imported into the country. In total, 1 lakh, 76 thousand, 2 hundred, and 49 units of smartphones entered the country during that period.